June 2005 TRADE NEWS
News Releases & ProductsMTA To Hold Education Seminar
Stock NeuroMaster Evaluation Version Offered For No Charge
Free Class Dispels Options Trading Myths
3D Visualization Software Now Available For Apple Macintosh
Spot Gold Trading On COESfx ECN
Euronext.liffe Buys CScreen To Offer Processing For Wholesale Equity Derivatives
Kx Systems Expands Trading Analysis Capabilities
NASD Expands Reach Of Dispute Resolution Forum
EZE Castle Integrates With ESPs
Subscription Website For Stock Recommendations Is Launched
Raschke Offers Ninth Annual Trading Seminar June 10-12or return to June 2005 Contents
TRADE NEWS & PRODUCTS
MTA To Hold Education Seminar
The Market Technicians Association (MTA) is holding an education seminar at the Hotel Pennsylvania in New York on May 19-21. This event is designed to provide a solid foundation in the basics of technical analysis for financial professionals. Three tracks are designed to serve different groups: Technical Analysis University for Analysts and portfolio managers, advanced Chartered Market Technician (CMT) topics for CMT candidates, and general sessions for professionals to stay ahead of cutting-edge issues. In addition, there will be a luncheon on Friday with the semi-annual market forecast panel. www.mta.org/seminars
Stock NeuroMaster Evaluation Version Offered For No Charge
The developers of Stock NeuroMaster, a technical stock analysis software application based on neural network principles, is offering an evaluation version available for download at no charge because the technical analysis market is full of overpriced projects, the company said. The software, which is used by software creators to time markets, combines technical analysis and neural network modeling to predict the direction where the stock price is going and determine the best time to buy or sell. The software can create multiple models and generate various forecast reports and is capable of importing stock data directly from the Internet. Stock NeuroMaster makes its predictions strictly based on previous stock performance. www.stockneuromaster.com/snm-download.htm
Free Class Dispels Options Trading Myths
Spread Trade Systems (STS) is offering a free one-hour online class designed to dispel the myths and misinformation surrounding options trading. Noting that options trading is perceived as a high-risk form of investing that can result in substantial risk and large losses, STS has developed a comprehensive review of options trading instruments to help prospective investors determine if options trading is right for them. The class should be of interest to investors who are not content with a buy and hold investment strategy or their current trading approach, yet be wary of or unfamiliar with options instruments. Attendees will receive an understanding of how options can be used to leverage investment capital to generate returns, with low risk. www.spreadtradesystems.com
3D Visualization Software Now Available For Apple Macintosh
The Numerical Algorithms Group's (NAG) Iris Explorer Release 5.2, a modular, multipurpose visualization environment, is now available on the Macintosh OS X platform. NAG's Iris Explorer is a system for visualization of scientific data that incorporates a visual programming interface that enables users to build applications from software building blocks, or modules. The modular design of the Iris Explorer facilitates maximum flexibility in visualization development because researchers can quickly try several ways to convert numerical data into different types of pictures. www.nag.com
Spot Gold Trading On COESfx ECN
Spot gold can now be traded through a web-based trading platform developed by Coesfx, the company said. Coesfx now allows traders to trade spot gold live. The bid/ask spread is derived from banks and other financial institutions, introducing brokers, and every spot gold trader on the ECN. www.coesfx.com
Euronext.liffe Buys CScreen To Offer Processing For Wholesale Equity Derivatives
Euronext.liffe has bought CScreen Ltd. from Cinnober Financial Technology AB. The acquisition of CScreen is the basis of Euronext.liffe's new wholesale service, which will offer customers straight-through processing (STP) for the first time, from pretrade price discovery to post-trade booking and administration. This service will give customers a flexible, secure, and significantly cheaper way of conducting their wholesale equity derivatives business. www.euronext.com
Efutures And Saxo Bank Partner For Online FX
Efutures has launched its fully automated foreign exchange trading platform. The platform, EZ-FX, offers trading execution, information, and risk management in real time. With three account levels and the ability to handle accounts in 11 currencies, the platform offers private traders and institutions a state-of-the-art system. Online investors and traders will be able to access 120 currency crosses plus a managed foreign exchange account. Built on technology provided by Saxo Bank, the Danish investment bank, the EZ-FX Trader offers private and institutional investors a suite of information, execution, and risk management tools for online currency trading. www.efuturesfx.com
Kx Systems Expands Trading Analysis Capabilities
KX Systems said that it had extended its portfolio of financial products by announcing kdb+tow, an application that enables traders to test sophisticated algorithms by replaying historical ticks through their models. Kdb+tow enables traders to test their models against actual market ticks saved. KX Systems offers a tick database and time-series analysis application that enables firms to capture ticks in real time each day while also building a historical database. Kdb+tick automatically builds the historical databases replayed by kdb+tow. www.kx.com
NASD Expands Reach Of Dispute Resolution Forum
NASD announced that its dispute resolution division had established 10 new hearing locations for arbitration and mediation and now hosts hearing locations in all 50 states, giving investors greater access to arbitration and mediation services nationwide. www.nasd.com
EZE Castle Integrates With ESPs
Eze Castle Software has completed integration of its Traders Console Order Management System with Electronic Specialist's (ESP) Global DMA and Electronic Algorithm Routing Network (EARNO), the company said. One of the major benefits that ESP provides is centralized clearing, allocation, settlement, and delivery across all market destinations and algorithms, so clients get the benefit of having their trade executions aggregated along with all other DMA and algorithmic executions, and delivered as a single or allocated block trade. www.ezecastlesoftware.com, www.fastESP.com
Subscription Website For Stock Recommendations Is Launched
Lunchtimetrading.com is a new subscription-based website that provides computer-generated stock recommendations every business day. These recommendations enable the user to take advantage of short-term increases in stock prices that begin during the last hour of trading. A monthly newsletter is also available free of charge to members and nonmembers. www.Lunchtimetrading.com
Raschke Offers Ninth Annual Trading Seminar June 10-12
Linda Raschke's ninth annual trading seminar will be held on June 10-12 at the Orlando, FL, World Center Marriott Resort & Convention Center. Raschke will present LBR Group's latest research, trade ideas, methodologies, and motivational tools in a three-day trading seminar designed to give attendees a solid trading foundation. Registration fee is $2,895 includes seminar manual, luncheons, and continental breakfast, and a free one-month access to both the LBR Futures Live and Lbr Stock Beat trading rooms. To register, call Laura Meek at 888 546-4836, or email laura@lbrgroup.com. www.lbrgroup.com/index.asp?page=Events
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